SamSuka
The Long Investor
The Long Investor

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HSI

HSI and $BABA are moving in sync, we can see that there are some profit takers with $BABA who have gained +100% in a year but any dip gets bought up almost immediately and this can happen in aggressive Wave 3's.

HSI has already retested its 3 year range breakout blue line but $BABA has not at $121 yet.

HSI does look strong here and if there is another retest and bounce then I believe Chinese positions will again move higher and this could be the trigger for $BIDU and $NIO to move higher too in their own Wave 3.

The HSI has been the perfect hedge for us this year.

HSI

Comments

100% agree. Time for BIDU to shine

Roberto Cusato


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